How to Earn Rewards on Leofinance-
Rewards for this post declined
Leofinance is a social media blog for writer and video bloogers on the topics of finance and cryptocurrency, which is on a blockchain, so writers and video bloggers are rewarded in the cryptocurrency Leo. You can make money five ways, but all of them involve earning Leo tokens as rewards, which you can then sell for cash in your country through a cryptocurrency exchange.
Five methods:
- Author Rewards: writing and being upvoted.
- Curation Rewards: buying Leo, staking it and upvoting others for crypto rewards.
- Virtual Mining Rewards, by buying and staking Virtual Miners to earn Leo rewards with no writing or voting.
- Delegation rewards, by buying and staking Leo, then loaning LeoPower to people actively upvoting blogs for curation rewards and you get a percentage.
- Liquidity Provider awards: by buying and investing in Cubfinance DeFi project on Binance smart chain, you can earn cryptocurrency daily.
First: Author Rewards
You can earn Leofinance token Leo by writing articles and doing video reports on Financial or Cryptocuyrrency topics. The author earns 50% or one half of the reward amount on the post.
Second: Curation Rewards
If your not a writer, but reader, then this is a perfect way for you to earn! You can also earn Leofinance token Leo by curating, which is upvoting articles you read. Upvoters are eligible for up to 50% of the article reward. Note Specifics:
Third: Mining Rewards
You don't have to time to write or read, then buy miners, this is very passive.If you buy and stake either LEOM or LEOMM miners on the Hive-Engine cryptocurrency exchange. Then you can also earn Leofinance token Leo because as an owner of those miners, you are are guaranteed a portion of the daily reward pool, in direct proportion to the number of miners you have and the total miner pool.
Fourth: Delegation Rewards-passive income.
- Delegate Leopower
You want to support content creators, but don't have time to manually curate? Get someone else to do it and you split the rewards.
You can also earn Leofinance token Leo by delegate your powered up Leo, called LeoPower, through a special type of loan called delegation, to others. Who use it to earn Leo, usually through curation. They then share those Leo Rewards with you.
Delegation is a special type of smart contract mediated process, where you Stake your Leo and it is considered Powered up as Leopower, then loan the LeoPower. But the Leo never leaves your wallet, and you can revoke the loan at any time. So it is very secure, as you retain control over your tokens at all times.
- Delegate Hive to @leo.voter
If you delegate some HIve to this curation bot you may also get rewarded in Leo
Fifth: Liquidity Provision Rewards.
If your a trader or expolorer, try being a Liquidity Provider.
Wrapped Leo WLEO-ETH Liquidity pair on Uniswap.
You can also earn Leofinance Leo token rewards by providing liquidity on the decentralized exchange Uniswap to the Wrapped Leo Ethereum trading pair Liquidity Pool. This is a new feature instituted by @khaleelzaki to incentivize investors who invest in the WLEO-ETH Liquidity Pool to stay invested for longer periods of time, because they earn two different ways: one from transaction fees from the trading pair liquidity pool daily, and from the ELo daily reward pool. Its called the GeyserReward system and Khal did a whole post about it.
Liquidity Provider Rewards can be in WLEO or ETH
An additional special feature, which @khaleelzaki added is that you have the option of receiving your Leofinance Rewards in Ethereum, if your entrance to the Leofinance Community was through the Metamask new account signup process. This was an option created by @khaleelzaki the leader of Leofinance, to bring investors and authors from other blockchains into our ecosystem. This is mediated through an innnovative Metamask based account signup system, and uses @cardboards swap.app to facilitate the Leo to Ethereum transaction, so it's seamless to the Ethereum investors to receive their Leo Rewards in their Ethereum wallets as Ethereum.
Liquidity Provider on Cubfinance on Binance Smart Chain.
In March of 2021 Leofinance founder @khaleelkazi created Cubfinance a staking and liquidity pair farm DeFi project on Binance Smart Chain. You must buy Cub, a new token and deposit dollar equivalent amounts of BUSD or BNB in various farms with APR that range from 21% to 128%. The project is CertiK audited and a fork of PanCakeSwap.
Investing in pools
EasyDefi
This is a investors pool, you can send Leo to in units of 100 tokens, then the pool creator invests in Cubfinance and then converts the rewards back to Leo and sends them to your wallet once a week.
Drip Investment Pools
These so called drip pools, where you invest Leo in a pool which invests in a diverse group of assets and pays the profits out periodically. These payments are called drips and they are in Leo.
Curation Trails
You don't have to send Leo to curation trail managers, you can use Hive autovoter to automatically vote on the same posts they do, so you upvote the same articles the trail manager does and generate revenue by maximizing the use of your voting power.
Thats it, seven different ways to earn Leofinance Tokens and a way to earn Ethereum!
It is an exciting time to be on the Leofinance Social Media Platform.
This was written by @shortsegments, and references are below and other articles by shortsegments on topics covered in this article should you wish to learn more.
References and supportive material
How to earn Ethereum as your Leofinance Reward Link
Explanation of Wrapped Leo and being a Liquidity Provider Link
How do you explain cryptocurrency and the blockchain Link
Earn 50% APR providing Liquidity to WLEO-ETH trading pair on Uniswap Link
Explaining the Geyser Reward System for Liquidity Providers of the. WLEO-ETH trading pair on Uniswap. Link
This is a revision of a post originally published one year ago, but now revised to reflect current realities.